Forex Daily Forecast, Analysis and Prediction

West Texas Intermediate Crude Oil market initially tried to rally during the trading session on Thursday, initially rallying as much as 9%

For the second day in a row, the EUR/USD pair fails to return to the path of its recent gains

The Pound received new support amid reports indicating an improvement in Boris Johnson's health

We did not witness a strong move in gold prices during the Wednesday trading

The USD/JPY is trying to maintain the 109.00 resistance to be able to move within its newly formed bullish channel.

AUD/USD: More Bullish

USD/JPY: Consolidating Between 108.62 and 109.19

Bitcoin: Still Bullish

South Africa faced severe economic challenges before the global Covid-19 pandemic and is now exposed to three distinct disruptions.

An extension to the Brexit transition period is now considered, due to the global Covid-19 pandemic.

Japan’s ¥108 trillion or 20% of GDP economic stimulus in response to the global Covid-19 pandemic represents the most massive one announced globally.

Australia and New Zealand are allied with a close relationship on most topics.

Support at 1.2252 looks strong

Consolidating Above 1.0832

The US dollar has gone back and forth during the trading session on Wednesday, as the market simply has no direction against the Japanese yen